Accountability in action — FCA’s enforcement against Monzo & Barclays explained

Recent FCA enforcement actions highlight systemic weaknesses in financial crime controls across both traditional and digital banking models.
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Recent FCA enforcement actions highlight systemic weaknesses in financial crime controls across both traditional and digital banking models.

From 1 September 2025, large organisations will be criminally liable if they fail to prevent fraudulent behaviour committed by an ‘associated person’.

What is a dawn raid? What happens when it all goes wrong? Get practical guidance for any business from our corporate defence experts.

Our corporate defence & compliance team present a guide to criminal liability — what your business needs to know.

Dan Stowers looks at the new offence of failure to prevent fraud which has been tabled by the Home Office.